Ziff Davis sold off to cloud services provider for $167 million
Ziff Davis, the once-giant technology media company, has been sold off to yet another buyer.
J2 Global, a cloud services provider, announced today that it has acquired Ziff Davis for $167 million in cash. The acquisition includes the purchase of some of Ziff’s top Web properties, including PCMag, Computershopper, and Geek.com.
In a statement, J2 Global CEO Hemi Zucker said his company bought Ziff Davis because of its “significant interest in the digital media and online marketing space.” Zucker didn’t say what J2 Global has planned for Ziff Davis, but it appears for now that things will…